· NY legislature · 2025-2026

Relates to establishing a first permanent payroll employee tax credit

Establishes a first permanent payroll employee tax credit which allows a business to receive a tax credit for the three years following the employment of such business' first permanent payroll employee where such credit equals a portion of the amount it costs to employ such permanent payroll employee.

Sponsor

Andrew Molitor (R-NY)

Introduced

2025-02-04

Policy area

Taxation

Latest action

REFERRED TO WAYS AND MEANS